The evening world. Newspaper, February 6, 1922, Page 18

j | i { — OPen. High, Low. Las. Ajax Rubber .... 15% 15% 15% 14 Alaska Gold... % % % Allle-Chaimers Oy 40% Te 9% : Hl Eutte & Superior. Butterick Co .... Barnodale B Cal Petroleum Gavadian Pac Central Leathe Gent Leather pf. Cerro de Pasco . . 3M 3% PRR 10% 19% 82 82% 63%, 63% 82% 83 16 16 cht & NW Ry.. 05 4% 26% 26% 17% 16% 44% 44% 60% 00% Columbia Grap 2 2 Comp Tab & Rec 67% 6% Con Textile 18% Cont Can .....0- 50% Cont Insurance .. 67 Goaden O11 3h Corn Product 104% Corn Products pf 114% Crucible Stee! 63% Crucible Steel pf. 82 Cuba Cane Sugar 10 Cuban Am Sugar 19 Davison Chem .. 61 Del @ Hudson .. 110 pDLaw. 113% Teme Mines .... 2344 Exdicott-J'nson . 8) % | Ere . o% 1M Erk 1st-pt - 19% | Famous Players. 8! Geveral Asphalt . General Cigar - Gen Bjectric « | | | Stand O of NJ pf Nevada Consol N Y¥ Alrbrake NY Central. "NY Dock .. NYNH&H Norfolk Southern Norfolk & West.. Northern Pacific. Pan-Am P Penn RR. People's Gas Pere Marquette... Philada Company Phillips Petroleum Pierce Arrow Pierce Ol . Pitts & West Va. Pressed Stecl Car Pullman Company Punta Aleg Sugar Pure OW . i Pub Serv of N J. Prod & Refiners Rall Bteel Springs Ray Copper Reading Rep Iron & Steel. Rep Iron & 6 pf. Republic Motor... Royal Dutch N Y Bt L & San Fran. St L & Southwoet St L & South pf. Banta Cec Sugar. + 46% Saxon Motors Beaboard Air Lino Bears-Roebuck ... Seneca Copper .. Sinclair Ol Southern Pacific. . Southern Ry Seuthern Ry pf.. Biand O of N J Stewart-Warner Stromberg. Studebaker Submarine Boa! Stperior Off xus Gulf & Bulp Tob Prod ‘Transue & Wms. Union Ol Urion Pacitic . United Alloy United Drug Ui Drug tat pf. United Fruit . Ge: Motor . Gen Motor 6 pc. Gor drich Gray Gt Northern pf . Gt Nor Ore ..... Grif States Steel Houston Ol! . Hupp Motors 13% 1% Tilinois Central . 100% 100 Indiahoma Refin. 8% 3% Inspiration Cop.. 88% ay Anter Cons Corp. 3% ah In Cons Corp pf ® Inter Motor Inter Paper Inter Mer Mi Inter Mer Ma pf 60'% 70% Inter Nickel . 12% Invinetble Otl 15% Island Ol . Iron Products . Jewel Tea iM 28% B7% 28% Kennecott Cop. Keystone Tire . Laclede Gas Lackawanna Bt Liggett & Myers... 160% Loew's Inc - 11% 1% 11% Loft Inc ., 10% 10%) 10% 10% ——— BANKING AND FINANCIAL. By 10 LIGHT AND POWER COMPANY THREE-YEAR 7% CONVERT- IBLW GOLD DEBENTURES. NOTIGE OF REDEMPTION. ‘To each and ev ry holder of the Three-Year 1% Convertible Gold Debentures, issued un- 4 ‘Agreement made as of April 1, 1920, nion Electric Light and Pow: ad the aulteble ‘Frust Comp ry et ‘that Union Klectric Light and Power Company elects to exercise ite right to call and redeem, and «li cz and on March 1, 1022, all of 1 Three-Year 1% Convertible Gold Dedenaiee ‘then outstanding, by pay nent at 6 Office © Ee Riuttable. Trust Company ot New York, BT Wall st., New York City, of the. Incipal thereof and all accrued Intere ch 3, 1922, together with @ premium of half of one per cent. (14%) on the prin cipal thereof. Debentures will become Gue and payable on sald date and at said place, interest th ‘shall cease on March 722. the coupons appertaining (o weh Debenturs maturing after March 1, 1022, will be void, 4 thorefater said Debenturss will not be entitled to any right or benetit f, under or from the said agreement mado of April 1, 1020, except tho right to re- ceive ment aforesaid. UI Ethe surrender of any such Debenture to the Equitable Trust Compeny cf Ni York at its said offi en or after Marcn 7,'sb22, with the coupon maturing on April 3, 3922, id all coupons subsequently ma- turing «i! holder thereof will be entitled to recety accrued to March 1, 1 nd the principal ‘amount of and premium on the said De- denture. BNION ELBCTRIS COMPANY. By FP. L. DAME ‘Vive Pre Ta Food Prod . Um Retail Btores, USC TI Pipe... U 8 Ind Alcohol. US Real & Imp. U B Rubber . U S Smelters U 8 Steel . U 8 Bteel pf . Utah Copper . Utah Securit Vanadium Steel... Weber @ Heil West Maryland.. West Mary 24 pf West Pac Corp. Weatinghouse Wheel 4L BE. Wheel & L E pf. White Motor White O11 Willys-Overt Willya-Over! pf. CURB, Opened firm. Retail Candy, 5 1-2; 13 up 1-! Cleveland Motors, a1 3-4 City Service, 173. FOREIGN EXCHANGE Sterling, demand, 4,32 4.82 7-8, up 1-4, man, .083: Lire, demand, .0468; cables .0468 1-2, off .0001, Belgian francs, demand .0802 1-2; cables, .0803, unchanged. Marks, demand and cables, .0049 1-4, off .0000 1-4. Greek Drachma, de. mand, .0449; cables, .0404, up .0001 Swiss francs, 1961, off .0003. Guilders, +8720; cables, .8725, unchanged. Pes. OPENING. 3-8; cables, French franca, de 0002. cables, Sweden kroner, demand .2570 2675, unchanged. off .0010, »20: cables, .2040, off .0020. our Information Exchange securities and authority on this field. Ask for New York Offices 225 Fifth Avenue Tol. Mad. Sq. LTP (00 Broad Street Tel. Broad 7150 (606 Fifth Avenue Tel. Mur. Hill 7120 Copy given ~ Live Market News from a wide range of sources flows into Department ‘You can keep well informed on New York Curb the market trend through the “INVESTOR & TRADER”- a recognized of this week’s 12-page illustrated & TRADER ‘no obligation ONES & BAKER New York Curb Market Direst Privete Wires Mew York Chicege Beorws Philndeiphis Pittsborgh Detroit Baltimore Cleveland WALL STREET GOSSIP Lincoln Motors, 6, up 1-8; Int Rbr, Int. Pet,, 15; Magma, 30 8-4, up 1-4; Reynolds B, 39 3-4, up 1-4; ; cables .0889, up .0000 1-2. demand, .1959; cables, demand, etas, demand, .1538; cables, .1540, off Norway kroner, demand, .1610; cables, .1615, Denmark kroner, demand, Market Sidelights OPen. High, Low. Law Loose Wiles 4% 40% «40% 40% Lima Loco... oON Sino Blevated ss." 4348 By R. R. Batson. Man Shirt 41% 41% Martin: Patty. HLA] considerable stir has been created Meintype P Mines 26H in Wall Street brokerage circles by San coe ek ioe ee the official notification of the New Middle Btates Ol) ¥ 12 York Stock Exchange that “‘bucket- Midv Steet 4 B0% ” . bebe pea : ing of customers’ orders must Mo Kan & Tet, 1% 1% cease; that from this time on the Ex- Mo easith Tex pt He i. 2% change will make it a point to see Mo Pacitic ..... 37% 0 17) 11% Mo Pacific pf “0 “0 48% that dishonest brokers are prosecuted Mont Ward MyM 1% hy criminally. 25% 25% 2h This stir has been created not only keting’? has been notoriously preva- been established that a number of firms, members of the Exchange, have not been above using ‘“bucket- ing’ methods to enrich themselves. Orpheum Cirewit, 15% 37 15% 16 It Is, perhaps, not so much the Pacific Of ...... 46% 46% 46% 40% | threat of criminal prosecution that go Pan-American Pet 52% 2 2 2% |perturbs certain members of the brokerage fraternity as the means which the New York Stock Exchange will adopt, according to Seymour L. Cromwell, its President, to prevent “pucketing."* ‘i — During the recent and partially suc- cessful campaign against outside public, there have been members of the Exchange wHo have figuratively arched thelr eyebrows in a “holler than thou’? expression, but tnese sime brokers have been using the identical methods of handling pusi- ness that caused the campaign asainst the outside fly-by-night coa- cerns. , ‘The inference must not be drawn that the New York Stock Exchange hus had official knowledge that such condition of affairs existed. Had tne Exchange such official knowledge it undoubtedly would have disciplined and quite possibly would haye ox- pulled the offending member firm. If any fault is to be found with the New York Stock EXchange it is in ‘hat ir did not expect sufficient energy to gain official knowledge of a condi- tion of affairs so vital. to its best m- terests, while this knowledge of “bucketing"’ methods was possessed by numerous employees of Stock change houses and by many others who have long been active in Wall Street affairs. The archaic method of ‘'bucketi and the one popularly «understood, ‘was to accept an order from a cus- tomer, but to fail to execute the or- der, In effect, the broker simply wagered the customer that his, the customer's, judgment was wrong. This rrethod was so rude and laid the ot- fending broker so open to succssful eriminal prosecution that it has lng since been abandoned. The prevalent method of ‘bucket- ing’’ is for the broker to execute the order of the. customer, but to almost immediately sell or buy an equal amount of the same stock for the pur- pose of offsetting the customer's or- der, firm is in the same position as if the customer's order had never been ex- ecuted. He is still wagering the cus- tomer that his judgment is wrong. up. Not only that, but he is the cus- todian of the money of the customer, may, if he likes, draw interest, and, furthermore, he is enabled to charge the customer interest on his supposed debit balance, or the amount of money representing the difference between the margin the customer put up and the full market cost of the stock bought for the customer's account. In. not a few instances the interest charged on the debit balances of cus- tomers is alone sufficient to pay all the running expenses of a well equipped brokerage house. It is the practice of brokers who em- ploy ‘bucketing"’ methods to carry in & numbered account the stocks they sell or buy for the purpose of offset- ting the stocks which were bought for the account of a customer. Book~- keeping methods have been so cam- ouflaged that when the market has gone against the house that “buckets” orders and the house has been forced to fail, expert accountants called in to audit the books for the receiver have found that their accounting edu- | cation was not complete. Now it is proposed by the New + | york Stock Exchange, or at least it is |} being urged by President Cromwell, | that books of all members of the Ex- change shall be subject to regular examination. This s the real cause + ]|of so much perturbation among cer- tain members of the brokerage fra- ternity. -| It will mean that ‘bucketing'? will be made practically impossible; it will ; | mean that it will no longer be possible to charge customers interest on money which was not actually loaned them, and it undoubtedly will mean that not a few brokers will have to quietly close up shop unless they can add to Aheir capital and do business on a legitimate basis and on one which will safeguard the interest of the public. President Cromwell of the Stock Ex- change has stated: ‘There are certain fucts we must know about those firms who carry stocks on margin for the public. We must know the relation between their free capital and their commitments. We must know the ob- ligations they have entailed. We must know the character of numbered ac- counts, so that the Stock Exchange can be assured that no members have sold for their own account the stock they should be carrying for their cus- tomers."* If the New York Stock Exchange adheres to this determination there is certain to be much less agitation for the incorporation of the Exchange, neeeetiiiemenress GEN. F. A. SMITH IS DRAD, Gen, Frederick Appleton Smith, U, & A,, retired, seventy-two, died Saturday night of heart di ase at his home, Ne. 300 West 106th Street. A native of Craigville, N. ¥.. he was graduated from West Point in 1873. He served in Indian campaigns on the Western frontier, and later in Cuba ang Philippines, He $s survived by hi neon, Major Raymond D. ‘baie Us 8, A, and two daughters, among outside brokers, where “buc- lent, but also among members of the New York Stock Exchange, for it hae brokers who have been mulcting the When this has been done the None of the broker's capital ts tied put up as margin on which the broker the ee [NEWS OF N. Y. HIGH SCHOOLS GIRLS REPLACING BOYSAS LEADERS? Reports From All Over City Show “Co-Eds” Taking Scholastic Prizes and Close- ly Crowding Athletes of Varsity Teams. In view of the fact that the gitis @ the school are enthusiastic over any form of athletics they are permitted to engage in a girls’ branch of the Public School Athletic League which was or- ganized at Evander, Competition be- tweeh the various classes 1s keen. A special test was arralgned for the girl swimmers to determine thelr proficiency, ‘The requirements were: Push off from shallow end of tank (75 ft. in length), and swim the length of the tank; dive ot jump from deep end, swim several strokes, tum over on back and swim a short distance, tum™® over on face and finish the length of the tank; dive and pick up an article from bottom of tank; swim in good form on back the length of the tank, rescue a supposedly drown- ing. person Nine giris were successful in passing all of these requirements and were each awarded with a pin, These girls are: Dorothy Gillam, Geraldine Gardene:, Ethel McGarry, Constance Nash, Mar- garet Gillam, Madeline Seldel, Sinea Petersen, Helen Schaefer and Ruth The new term in the high schools is | Wells. oe The annual election for officers and grade delegates of the general organi- Zation will be held soon. Posters ter various candidates aro already appear- ing. Nomination speeches will be inade in the school assembly on Feb. 20. The present officers of the organization are: not through its first week, and girls already loom large in the news of achievements. In announcing the classical prize winners for the whole city last week all the fortunate ones were girls. ’ President, Robert Hobson; Vice Presi- News from George Washington |dent, John Hawthorne; Secretary, Ada- High School, co-educational, reports |" BishoP , fg two girls, Audrey Allen and Ruth B. Smith, were the honor pupils at the} ore first, second, third and. fourth graduation exercises and that the St.| terms begin school at 12.40 and siop o at 5. Students of the fifth and higher Gaudens medal and art scholarship |at 5), StveRh Morning session of frum went to two other girls, Grace Dill- 7.50 to 12.3%. ingham and Virginia Macdonald re- spectively. Wadleigh. Scholastic attainments do not ex-| The new officers of the Wad'elgh haust the gcope of the “co-eds” |neral Organization are: President, prowess, At Evander Childe a branch |@'%4¥8 Huss: Director of Public Ser- of the newly organized girls’ section Beales Cree Pee ee of the P.S. A. L. has been formed, 11,|¢rvice. Frances Wichel: Director of a rigorous swimming examination |Lunch Room, Anne Torpy; Director of nine girls passed all requirements for | Trafic, Agnes Lumbard, Director of proficiency. One of the tests was to|Sales Table, Gladys Friedman; Director Save a drowning person. of Sanitation, Peggy Lanville; Director With this record added to tho girl}of Courts, Amy Bernstein. Members of cheer leader at Morris and the girls|ie Ow! Board are Alice Judge and June on mixed debating teams the boys| Autich. will have to look sharply after t laurels, It would not be surprising to find girls on the shooting and tennis teams. ‘The school 1s now for the first time running on a double session plan. Pupiis o 8 A new course in elementary law has been established this term in Wadleish. Killa Ralston, the teacher of this oub- fect. has given up her courses in_ele- mentary jurtsprudence rt Hunter High school in order ao devote her time more fully to this new course. ve Evander Childs. Prizes in economics and history weir awarded to Evander Childs students} py@ wadleigh Economics Club, better having the highest averages in thot |Know® as the “Wadeco,” was orzanized final ratings for last term and thejin June, 1921, by several pupils then Regent's examination in the subjects, Reasyine eophonice to Bremer a ues) 7 | friendly feeling among the students an The prize in economics was awarded to | (1 cndly, {eaunk tne ain a more exten: John J. Quigley, whose average wes|sive knowledge of the subject. Meet 95 per cent. Harry Schein, with an|!ngs are held regularly on the first Fri- average of 94 per cent., won the history @ay of every month, and at these mest ings men prominent in business deliver lectures. Bila L, Ralston is the club's J |sponsor. The new oMicere of tie club are: President, Evelyn Hurley; Vice President. Gladys Friedman: Treasurer, Grace Rofrano: Secretary, Frances Bichel, Anne Torpy. ee A meeting of the Wad!eigh Roosevelt Memorial Association was held on ¥ri- day to elect new officers, adopt a con- stitution and plan for a patriotic dance SKELETONS COVER tc be given toward the end of the Stuyvesant. Medals for highest honors for all geades of all the subjects taught fa Hundreds of Thousands of Bodies of the Starved Strew the Steppes. Stuyvesant were awarded by the heads of the respective departments at the first assembly held this term last Wednesday, ‘The megais, gold, silve and bronze, according to the grade of the subject, were given to the studeno obtaining the highest marks in specia! competitive examinations held the week before Regents’ week. The system, which was installed a year and a hali ago, has stimulated scholarship to hige- er efforts, The full list of winners Is: UFA, Volga Region, russia, Jan. 7 (Associated Press).—When the snows melt next spring the Russian steppes will be strewn with skeletons—not Mathematics, — David Rittenber mn: m- * only the skeletons of cattle and cam=| nities Snizek, Samuel _Borofsky, els but the bones of hundreds Of /Gharles Clos, Joseph P. Sadowsky, thousands of men, women and chil-/Samuel Garnick, Ernest Panaska and Paul Flick. English—Frank Cushing, Edward Ross, Emanuel Russ, Charles Regniault Jolius Steinhardt, Nathan Bengis, Jono Somerville and Jacob Borut. Latin—Ralph Greenberg, Harry Roth- man, Samuel Schnella, Benta Sabetta Samuel Borofsky and Morris Koblish. French—Charles Gunther, Joseph Pon- aarry, Bernard Levy, Gabriel Lip- schultz, Jacob Siegal, Max Brecker, Jcweph Londarry and Albert Clugma: Spantsh—Brneat Cardonf, George W: son, Santo Pasquale; Benjamin New- man, Joseph Artola, William Drypuchar, and Abraham Fish. German—Louls Henning and Charis Kek. Freehand Drawing—John Slavik, Ir ving Glick, Rudolph Lucek, Samuel Tierman, Joseph Oberweger and Paui Elsam. Mechanical Drawing—Willlam Berges and Frank Newhart. Physics—Joseph Sadowsky, Edwin Hill, Richard Bloch, Simion Costa and Henry T. Wilhelm, Biology—Alexander Zimany and Sig- mund Cramer. ‘The Nominating Convention of the Stuyvesant General Organization will take place to-morrow afternoon in the auditorium, where, out of a large fleld of candidates for nomination, two will finally be choren by popular vote to dren who fell exhausted In their quest for bread; who lived the simple lives their peasant ancestors lived, for centuries and had little conception of the political upheaval which made this famine more terrible than that of 1891. ‘The peasants knew nothing of mod- ern ways. They were unable to buy tiekets on the railways, unable to gct permits to ride on trains burdened with the Red Army and food for Mos- cow and Petrograd. They wandered, and millions of them are still wander- ing. Some drifted westward to the Volga and found death in the typkus-ridden railway centres or among the horrors of refuge camps along the Volga; others started for Turkestan, still others moved eastward toward Sibe- ria, the land of gold and wheat, which has always been 80 alluring to the Russian muzhik, who heard little of its vastness, its hardships and its heartlessness. * Phe bodies which lie along the rail- roads are collected on cars and hauled to centres, where they are piled in frozen, snow-covered heaps to await burial. Freezing refugees remove all garments from the dead, so the frozen bodies are nude. Families drift apart and wander aimlessly on to their inevitable fate. Human instincts are lost, and they become little better than beasts, The city and town populations are so hard- ened to suffering that they are little moved by the misery which lives all about them, Death seems more mer- ciful in the country for the refugees; they sink into the white covering of the endless plain, and wolves strip their bones. From Perm and Ekaterinburg to the Caspian Sea death is stalking over the steppe: Russia Cossacks, Kalmucks, Kirghiz and Tartars alike are meeting their end with hopeless- ness and patience begotten of centu- ries of unequal struggle against politt- cal extortion and unfavorable climatic conditions, made worse by ignorance of scientific methods of tilling the soll. In the larger towns there is food for sale at fabulous prices, but the starving refugees have neither money nor goods to exchange and can only sit down and await death or trudge on till they sink of exhaustion. American corn will be too late to sove many of these hunger victims. Already entire village populations have died in the provinces cust of thé Volga tions of President, Vice President, retary, Basketball Manager and ‘Foot- ball Manager. It appears that William Hitazig and George Glershevski, Vice President and Secretary gespectively of last term's G. O., will be unopposed ti the nomination for the Presidency, Aaron Solomon, Eugene Stein, Abe Kap- lan, Paul White and William Hoeckle- man are the contenders for the Vice Presidency, while the large ficld for the Secretaryship includes William Ad- ler, John Somerville, Monroe Schmidt, Jacob Fisher, Hyman Keppler and George Halpern. The tryouts for the Stuyvesant De- pating Team will be held Thursday ‘afternoon, It {s expected the team Ghosen will be of exceptional merit, as the entire squad remains from last term. Capt. Heilpern, Ernest Rovere, Herbert David and Harry Beller, the team in question, seems certain to be rechosen, George Washington. ‘The graduating exercises of George Washington High School were held last Monday evening in the auditorium of P. 8, No. 52. Thirty-four pupils graa- uated from the four-year general course and twenty-three from the three-year commercial course, ‘The class marched to the platform led by a student representing the Spirit of Washington, who gave an extract on run for each of the five disputed posi- | THE EVENING WORLD, MONDAY, FEBRUARY 6, 1922. | | Krause, a mathematics instructor since the value of education from Washing: ton's writings ‘There were short addresses by the president of the graduating class, Jo- soph C. Dreyfus jr, and by the two honor pupils, Audry Allen of the general course and Edith B. Smith, a commer- cial student, Dr, Louls A. Marks, ap- pointed recently to the Board of Exam- iners, was the principal speaker of the evening. ‘The diplomas were presented by Prin- cipal Arthur A, Boylan, who announced that the St. Gauden'’s Medal for Draughtsmanship had been wan by Grace Dillingham and tho Art Scholar- ship, given jointly by the School Art League and the General Organization, had been awarded to Virginia Macdon- ald. a DY THE BELL BYNDICATE = Ine = VIRGIL DRACE—A young Yankee of Theodore Roosevelt. The senior dance of the class of Jan- uary, 1922, of the Theodore Rooseveit High School was held Jan, 20 at the Academy, 179th Street and Broadway. ‘The Chairman of the Dance Committee was Stella Lottenberg. Grace Andrews was the faculty advise Stepho La Vitt guerilla in the able passion for gambling. NADINE LA VITTE—A beautiful girl, tion, and proves to be old Stepho’s in @ riot, and then di . ‘The graduation exercises were held Tuexday night at the Morris High School Auditorium, 166th Street and Boston Road. Herman Hagedorn spoke about Roosevelt in the Bad Lands Commissioner Chambers of the Board of Education presented the diplomas to the graduates. The following students also addressed the audience: Miss Diana Klein, Miss Eva Rotgard, Mau- rice Galhert and Miss Gertrude Conroy. The Congressman Rosedale medal for excellence in history was awarded to Herman Bernstein, 6-3. The economic medal was won by Miss Lusbader, 8-1 Herman Bernstein was awarded the Isaac Pitman medal for excellency in shorthand at the rate of eighty words Gertrude Conroy of 8-1 was awarded the Pitman medal for 100 words pev minute. that they should s: CHAPTER YI. (Continued.) H, you don't say so! am so glad. But it would be apity for her to marry old Josh. She is so bright. don't mean as to his age. Love is not a matter of years, but of—what shall T say? f soul. And a man's soul does not die simply because his hair turns gray. I maintain that, and I don’t care what the world says. Don't you agree with me?" “Oh, yes," said Drace. From what he had been able to 66, eee N The basketball season was fairly suc- cessful for Theodore Roosevelt. The| gather from the General, and b: . talk- greater part of the t atill to tiling in seeming fdleness to bostmen school and will be available for next and to men along the river, Drace confirmed the information snatched by Shottle from the label on the Frenchman's wine case—namely, that old Stepho had a haunt somewhere in the neighborhood. A shrewd old negro had said that the outlaw lived in the swamp, in a house built of periwinkle shells. On the opposite shore, and several miles below the General's home, there lay a great wood of cypress and a thick tangle of salt cedar, a sort of everglade, a marsh. with hundreds of knoll-islands here ond there rising among the bayous. Here was indeed an outlaw’s para- dise, for Drace was told that not nearly all its lanes and crooked by- ways of brown water had been ex- plored. Herein he began his search for old Stepho, day after day pene- trating further and further into this moss-hanging wild. He did not con- fide in General Bethpage, for his mission was sacred unto himself alone, and by himself alone must it be accomplished “T might invite help, seize him and turn him over to the law and the law might hang him,"' he mused on one of Ids excursions into the swamp. “But Justice on the part of the law would not be revenge on the part of a Drac» No, I'll do this all myself. T will hang him up, with two cards on his breast. and let the law find him, But first 1 must learn from him the fate of Mary year, owe An inter-clans basketball tournament is in the making. All classes in the school will be entered. The schedule is now being arranged and the first gan‘e will be played shortly. The winners of the tournament will be presented with small silver basketballs. The winners of respective buildings and sessions will also be awarded some token. Rivalry is k and the tournament promises to be a source for material for the yar- sity basketball team. De Witt Clinton. ‘Three members of the De Witt Clin- ton faculty left at the close of last term two of them because of appoint- to more advanced positions. Arthur h. 1910, has been appointed aasietant prin cipal of Public School No. 5, at T40ih Street and Edgecombe Avenue, Man- hattan, Albert 8. Taylor, principal of No. 5, was formerly of the Clinton Eng- lish Department. Bernard M, Parelhoff, for twelve years teacher in the Mathematics Depart- ment, has been transferrec to th> George Washington High School. Mr. Westphal of the 87th Street annex, re- ceived the principalship of an elemen lury school. Washington Irving. The incoming freshman class is one of the largest in the history of Washing- ton Irving. More than the usual num- ber of girls nave chosen the academic course. ais Walton—if possible discover if that Atmost halt the cenduating class nan [Per xiven her by her husband was entered Teacher's Training School. | CVEr found. “At his feet in the canoe lay a rope, one eod of it a hangman's noose, and he smiled at it, grim and firm of faith. | Sometimes his canoe would stall in the All the classes elected officers last | 7. ‘ ‘i way Fee eens cae tee tein: Lieutenant evi carbet of scum. But he forced his way {1 rough into a narrow and unobstruct- Recorder were clected in every class. t «d channel. Now he paddled swiftly majority of the rest is divided amony the colleges offering B. A. degrees and the varlous art schools. Ciera) os 8 ‘The Blocution Department has ar-| In fron of hin eat alligator arose ranged an interesting programme ot|:nd -ink, the canoe grazing his scaly plays to be given tn the Auditorium dut-! neck, With a shriek great birds flew. ing the semester. | fapping low, their long legs stretei chip! out behind them, Drace armed with a revolver, but did not wish to | fire it, caution warning him. When |he ceased for a time to paddle, how The Washington Irvin will give several performan dan's ‘Rivals’? during oe Free courses in, advertising and saler- | sual bath manhip for both men and-women wre | ®t) eversthing wast now being organized at the Washingtua| The adventurer liked to feel that Iving. Hvening High School. ‘Taese [7 one had ever been there before. courms should prove of special interest |Fut now suddenly eomething caught to, those employed In the advertising, his cys. In the green tangle of a low printing or publishing filds or those who |1ank he saw a pole with wires strung sell. The work will be of « practical! ta it, a sort of gate. The wires were nature and will consist largely of t 4 uature | arias and the working eut of| covered with vines trained about them. But for what purpose, here in concrete problems by the class. Those who wish to enroll should apply at the|t'is brushy tangle? He caught hold of a weed and pulled the canoe up school any evening between 7.30 aud 9.30 o'elock. closer, took hold of the pole; and now he found a lower slat to which the wires were also attached. Further ulong he discovered a sort of hinge attached to a snag almost hidden by triers, “UML open this gate and see what Hes beyond," he mused, drawing the canoe back to the other end. He pulled at the pole, and it yielded. The gate opened, and through the weeds that appeared to have been bent by ‘he passing of a boat, he saw a narrow elannel. It was easy enough to shove through the weeds and to enter the new canal jon it broadened, winding about among the enormous cypress | Commerce. The High School of Commerce base- ball team, last year’s runner-up for the champtonship of Greater New York, will play the following schedule this seasot Mareb 26. Dickinson High; 29, open; April 1, Townsend Harri: Bt. John's Prep; 8 open; 1}, Clason Point Military Academy; 15, George Washing- ton; 18, C. C. N. ¥. freshmen; 22, Evan- der Childs; 26, Concordia Textil May %, Manhattan Prep; 6, Curtis; 10. held open for N. Y. U. fr Stuyvesant; 17, Fordham Prep: ris; 24, open; 27, Stamford, es 20, Mor Conn., pending; 30, Clinton, | S ‘The service equad of 140 boys from all terms polices the school, At every er- trance or exit at allitimes of the day a ttudent is on duty, The boys abandon their study periods to be of service to their school. The “squad’’ is an example ot student organization so popular fi New York high schools. At the present Ime itis under the supervision of 1s director, Dr. Wharton, ausisted by Capt. Downes, Secretary Magwie and Lieuts. Stone, Baleban, Shalvey, Russo, Brantes and Vogel. Now he came upon a widening that looked like a millpond, except that in the midst of it arose an island of tall cane. It was an attractive sight, he ceased paddling, to look he drifted toward the island's shore He took | old of a cane root and pulled the nose of the canoe hard into bank. ‘Then he got out, parting the stiff and stubborn cane in a shade as dense as night. But now through this perting hallway bo could see sunlight beyond, and kne that he was about to come into an open space. And out into it he looked with a start; for there, a few feet from the edge of thy fringe of\ cane, stood a small house nade of minute shells cemonted—pert- winkles. Its roof was of thatch, the Jong rushes gathered from the swamp: and about the door was a cypress vine, its red blooms dazzling in the sun And then a bended cane Drace helt was crushed in his hand, for through the door and beneath the vine came the warbaric rose-maid, Nadine In tte. he oo The G. ©. store ta another exainple of atudent organization. The teacher in charge, Mr. Berk. does the purchasing for the store, but the students them- telves are the salesmen, bookkeepers, stock clerks and directors, The store aims to wave 8s much &5 possible for the students, This is Jone by selling bil achool supplies, athletic materials And sundies at greatly reduced price: ‘yhe pupils patronize the store, and las year it aid $80,000 worth of business, Harlem Evening High. The Art Class at the Harlem Byening High School for Women began tte string term Thursday. A thorough course is given In elementary free hand ! and design. Commercial Art drawing aiied Design courses are alsc tuught to ambitious students. ‘The course is free, as are all of the materials needed. Registration is now CHAPTER VII. HE did not take fright when she saw him. She was startled, but did not run into the house; she stood dazed, her marvellous eyes in wide stare. Slowly he came forward, gazing, his hat in his hand, He dropped the hat, stooped, caught it up and now stood befory * If she were agitatea the Wadleigh High School ened 28 Seventh Building, Avenue, 114th Street, near ta sold out, cnts to 14 cents per pound ‘pound.—Advt, nged from ‘1 and averaged 12.59 cents py vould not IWINKLE OLD SouT BEGIN THIS STORY TO-DAY’AND MEET New Orleans on a mission of revenge for the hanging of his father LIBERTY SHOTTLE—A young man of good family, but with an i ppears, but when Liberty discovers a cai of wine addressed to Stepho La Vitte at Farnum’s Landing, he di up the river and visit his uncle. GENERAL BETHPAGE—Who lives at the landing next to Farnu and from whom Shottle borrows $500 to start a jute factory, ———— {discover it. | a e of th wealth and position, who g Civil War, He is joined by , who has attracted Virgil's att daughter, She is rescued by D She stood where the blooms brushed her brow. He forth his hand, and slowly she her he-d, ‘Monsieur, how foolish to come! you do not go now, in a short time will die. My father! He will sh you. I should like it not to see dead, you are so brave. My fathei will think you come for him. “But I will tell him that I did w— He moved nearer, but with her hi raised, palm toward him, she moti him away. “You do not know what you Nothing could you tell him, for gun fire, and you will be no mo gO away now. “Oh, it is because you want to rd of me," “No, no, no. It is not that, Il you much. You are so brave— handsome. It is because I fear you. My father would be angry ave me talk with a Northern mi Go now, and for my sake, come more."" “Mr. Boyce,’ said Drace then, not a Northern man?" She shot a sudden startled look aim. ‘Mr. Boyce—but he is my qj ther's friend. My father expects q to marry Mr. Boyce. And if my {| ther should come back and find here talking with you, he would Please, Mr, Drace, go at once, befo it is too late, See, the sun ts alme set. The stars come soon, and thy through the cane he come. Oh, wo you please be kind to me and go, once!” “Kind to you? God would die for you.’” “Oh, you make won't you please go no hear something.” “You hear my heart. Let me ten minutes, and then I go, “Ah, but why would you give ten minutes of fear?"” He saw that her anxiety was 1 and his heart smote him for ev to this dazzling creature whose ther he woukd hang with a brought from the North. “yes, I will go. 1 wanted td you something, but my regi going is so deep that I forget it was. But I must come again the sun is not so low. Now tell please, when that shall be?” “Never would a man_ before like this to me. But if you come when I beg you no, let id next Thursday, My father then be in the hills to buy cattle. “rhis is Friday, and that will a week, lacking one day. You bh set doomsday for my return. “If you come before you will find me. And now it is the go by." “She drew back swiftly through coor; and down into the fringe of cane he went, parting his way to bless youd love soon! Quic! canoe that lay nosing the mg bank. Only now that she was gone night had come did he rememb remember that this girl who had witched the swift minutes with was the daughter of his sworn eney Stepho la Vitte. A voice called him as he was c' ing himself for a traitor to his fy er’s memory. On a point of land siw three men standing. One of th beckoned him, and he turned in ward them, One of them spoke: “Would you be kind to set across? The night he comes, and would not be lost in the s will get to the river, please? “Yes, but IT don't know that canoe will hold four. dueking.”* He pulled alongside and steadied] canoe while they got in. Now he dled carefully, ‘The man who alked, and whom the other two: dressed as Tonez, requested to be) on a bushy shore where the s so shallow that the canoe Imost stuck in the ooze. With paddle Drace propped his craft stq for them to get out. Tonez got o and with the quickness of a snatehed a rope from beneath his ‘We may §| and threw a noose about Drai arms. ‘The two men in the threw themselves upon him, ‘TY was a hard struggle, in, the canoe, then out in the wafer, but brought him ashore, wound with the rone. Now they made haate to tie hin curely. The canoe was drag ashore, Drace stretched out in it, now they took it on their shoul: and hastened through the tangled derbrush, He had fought hard, had not cried out. But as he ¥ carried. along he swore bitterly nimself for not looking at first wj suspicion on the brutes who now him in their power, n, you would steal about spy,” said Tonez, “But you steal ab no more, The carpetbaggers, they ‘You brave?’ and you say ‘Yea, 1 brave.’ Then they say, ‘You find Stepho!’ And you go to find him, {s not at home. But his men, come just in time. "You are Mara. T was”—— "Ah, you come with the joke. morrow we will laugh, Will you? you will not laugh.” Do Not Miss To-Morrow'e Interest Instalment.